Michael J.  Alkire net worth and biography

Michael Alkire Biography and Net Worth

CEO of Premier

Michael J. Alkire is the President and CEO of Premier. As the leader of Premier, Alkire leads the continued integration of Premier’s clinical, financial, supply chain and operational performance improvement offerings helping member hospitals and health systems provide higher quality care at a better cost. He oversees Premier’s quality, safety, labor and supply chain technology apps and data-driven collaboratives allowing alliance members to make decisions based on a combination of healthcare information. These performance improvement offerings access Premier’s comparative database, one of the nation’s largest outcomes databases.

Alkire also led Premier’s efforts to address public health and safety issues from the nationwide drug shortage problem, testifying before the U.S. House of Representatives regarding Premier research on shortages and gray market price gouging. This work contributed to the president and Congress taking action to investigate and correct the problem, resulting in two pieces of bipartisan legislation.

Prior to serving as President and CEO, Alkire was president of Premier Purchasing Partners, which offers group purchasing, supply chain and resource utilization services to hospitals and health systems. Premier remains among the top group purchasing organizations in the industry as the value of supplies purchased through its contracts has increased to more than $56 billion. Upon joining Premier in late 2003, Alkire worked closely with the Purchasing Partners team to develop and implement a three-year transformation plan designed to dramatically increase returns to the alliance’s shareholders while building stronger relationships with members and suppliers.

Alkire is a past board member of GHX and the Healthcare Supply Chain Association. Most recently, he was recognized as one of the 100 Most Influential People in Healthcare in 2021, 2022 and 2024 by Modern Healthcare. In 2018, he was named one of the Top 25 COOs in Healthcare. In 2015, Alkire won the Gold Stevie Award for Executive of the Year and in 2014 he was recognized as a Gold Award Winner for COO of the Year by the Golden Bridge Awards. He has more than 20 years of experience in running business operations and business development organizations at Deloitte & Touche and Cap Gemini Ernst & Young. Before joining Premier, he served in a number of leadership roles at Cap Gemini, including North American responsibilities for supply chain and high-tech manufacturing.

Alkire graduated magna cum laude with a Bachelor of Science from Indiana State University and a MBA from Indiana University.

What is Michael J. Alkire's net worth?

The estimated net worth of Michael J. Alkire is at least $9.80 million as of December 11th, 2024. Alkire owns 502,354 shares of Premier stock worth more than $9,798,415 as of April 22nd. This net worth approximation does not reflect any other investments that Alkire may own. Additionally, Alkire receives a salary of $2,530,000.00 as CEO at Premier. Learn More about Michael J. Alkire's net worth.

How old is Michael J. Alkire?

Alkire is currently 61 years old. There are 5 older executives and no younger executives at Premier. Learn More on Michael J. Alkire's age.

What is Michael J. Alkire's salary?

As the CEO of Premier, Inc., Alkire earns $2,530,000.00 per year. Learn More on Michael J. Alkire's salary.

How do I contact Michael J. Alkire?

The corporate mailing address for Alkire and other Premier executives is 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC, 28277. Premier can also be reached via phone at (704) 357-0022 and via email at angie_mccabe@premierinc.com. Learn More on Michael J. Alkire's contact information.

Has Michael J. Alkire been buying or selling shares of Premier?

Michael J. Alkire has not been actively trading shares of Premier in the last ninety days. Most recently, Michael J. Alkire sold 18,374 shares of the business's stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $21.80, for a transaction totalling $400,553.20. Following the completion of the sale, the chief executive officer now directly owns 502,354 shares of the company's stock, valued at $10,951,317.20. Learn More on Michael J. Alkire's trading history.

Who are Premier's active insiders?

Premier's insider roster includes Michael Alkire (CEO), Leigh Anderson (Insider), John Bigalke (Director), Helen Boudreau (Director), Andy Brailo (Insider), Stephen D'Arcy (Director), Jody Davids (Director), David Hargraves (SVP), David Klatsky (General Counsel), William Mayer (Director), and Craig Mckasson (CFO). Learn More on Premier's active insiders.

Are insiders buying or selling shares of Premier?

In the last twelve months, insiders at the sold shares 30 times. They sold a total of 363,849 shares worth more than $7,373,385.41. The most recent insider tranaction occured on April, 2nd when General Counsel David L Klatsky sold 10,000 shares worth more than $195,300.00. Insiders at Premier own 1.0% of the company. Learn More about insider trades at Premier.

Information on this page was last updated on 4/2/2025.

Michael J. Alkire Insider Trading History at Premier

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Michael J. Alkire Buying and Selling Activity at Premier

This chart shows Michael J Alkire's buying and selling at Premier by year and by quarter.

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2022202320242025$0bought$0soldQ2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2-$1M$0$1MTotal Insider BuyingTotal Insider Selling

Premier Company Overview

Premier logo
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; and STOCKD, an e-commerce platform, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company was incorporated in 2013 and is based in Charlotte, North Carolina.
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Today's Range

Now: $19.51
Low: $19.34
High: $19.54

50 Day Range

MA: $18.72
Low: $17.46
High: $19.68

2 Week Range

Now: $19.51
Low: $17.23
High: $23.56

Volume

55,606 shs

Average Volume

1,259,709 shs

Market Capitalization

$1.78 billion

P/E Ratio

N/A

Dividend Yield

4.35%

Beta

0.51